Someone argued that private prisons have an incentive to enslave people and that it would be bad for there to be private prisons under anarcho-capitalism
Others have argued that private prisons would be rarer and crime might be more in fines or other ways of making restitution rather than prison times
What problems exist with the idea of private prisons and what solutions do you suggest to these objections?
Currently the private prison system is so in bed with the state, it's hard to really call it private. I think for private prison to really work, it needs to be linked to private justice. If your judge works for a justice company, and that company is going to have to pay a pretty penny to incarcerate somebody, then there will exist an extremely strong incentive to not over punish, while at the same time, if they don't punish enough, people won't subscribe to them.